The Pakistan Stock Exchange (PSX) remained bear-ish for the second straight session on Monday amid prospects of increase in benchmark interest rate, with the benchmark KSE-100 Index shedding 107.87 points (-0.23 percent) to close at 46,528.21 points.
The market opened on a positive note but this positiveness sustained for only two minutes and then the market remained in the red zone throughout the session.
However, the market managed to re-cover most of the losses near the close of the ses-sion, primarily led by the commercial banks. The KSE-100 Index moved in a range of 476.1 points, showing an intraday high of 46,691.2 points.—TLTP
